Card spending, including ATM transactions, amounted to €8.2 billion in June, according to figures from the Central Bank of Ireland.
It represented a decrease of 4% compared to May and an increase of 16% compared to June 2021, when public health restrictions limited some in-person spending.
Debit card spending was 87% of total card spending at €7.1 billion, while credit card spending was at €1.1 billion.
The data shows that point of sale spending was 18% higher in June when compared to June 2021, at €7 billion, while ATM transactions increased by 6%, to €1.17 billion. ATM transactions continue to remain subdued compared to pre-pandemic levels, and were 14% below February 2020 figures.
The volume of PoS card transactions was 10% higher in June when compared to June 2021. The average value of transactions remained relatively unchanged at €44.57 per transaction in June 2022.
The Central Bank figures show that total card expenditure outside of Ireland increased by 16%, or €66 million, when compared to the previous month. When compared to June 2021 this represents an increase of 170%, or €301 million.
Retail spending decreased by 4% in June compared to May. Spending decreased across all retail sectors on a monthly basis.
Spending on services recorded a year-on-year increase of 39%, or €481 million. The headline increase was once again predominantly driven by increased spending in the transport and accommodation sectors, which rose by 165% and 46%, respectively. All services sectors recorded a year-on-year increase but saw a month-on-month decrease with the exception of accommodation which remained unchanged.
Total social spending decreased by 5% in June compared to May.
Total in-store spending amounted to €3.8 billion in June, a decrease of 4% on the previous month. The proportion of total PoS spending conducted in-store remained for a third consecutive month, at 55%.
Total online expenditure decreased by 4%, to €3.2 billion, compared to the previous month and saw an increase of 24% when compared to June last year.
